MassMutual Diversified Value Fund (MDDAX) belongs to the Large Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MDDAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MDDAX
MDDAX charges 1.12% annually. There are 271 mutual funds in the Large Cap Value Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | — | Dec 2012 | MDDAX vs FBLEX | |
| Vanguard Value Index Fund Institutional Shares | 0.03% | — | Jul 1998 | MDDAX vs VIVIX | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | MDDAX vs FLCOX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | MDDAX vs SWLVX | |
| Vanguard Value Index Fund Admiral Shares | 0.05% | 245.00B | Nov 2000 | MDDAX vs VVIAX |
Best Risk-Adjusted Alternatives to MDDAX
MDDAX has a PortfoliosLab risk / return rank of 87. There are 78 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 97 | — | Oct 1993 | MDDAX vs FGIPX | |
| Delaware Growth and Income Fund | 96 | — | Oct 1993 | MDDAX vs FGINX | |
| BlackRock Advantage Large Cap Value Fund | 96 | — | Dec 1999 | MDDAX vs MALVX | |
| Integrity Dividend Harvest Fund | 96 | — | May 2012 | MDDAX vs IDIVX | |
| Sterling Capital Behavioral Large Cap Value Equity... | 95 | — | Oct 1992 | MDDAX vs BBISX |
Top Performing MDDAX Alternatives (YTD)
MDDAX is at 14.42% YTD. There are 104 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 26.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PIMCO RAE US Fund | 26.47% | — | Jun 2015 | MDDAX vs PKAIX | |
| Voya Corporate Leaders Trust Fund | 26.18% | — | Nov 1935 | MDDAX vs LEXCX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 23.83% | — | Jun 2022 | MDDAX vs AVLVX | |
| Calvert US Large-Cap Value Responsible Index Fund | 22.16% | — | Jun 2015 | MDDAX vs CFJIX | |
| PIMCO RAE PLUS Fund | 22.13% | — | Jun 2005 | MDDAX vs PXTIX |
Lowest Volatility Alternatives to MDDAX
MDDAX has 10.98% 1-year volatility. There are 127 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 1.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Shapiro Equity Opportunities Fund | 1.33% | — | Sep 2017 | MDDAX vs SHXPX | |
| Advisors Capital Tactical Fixed Income Fund | 3.63% | — | Feb 2021 | MDDAX vs ACTIX | |
| The Income Fund of America Class R-1 | 7.36% | — | Dec 1973 | MDDAX vs RIDAX | |
| Fidelity Advisor Large Cap Fund Class M | 7.49% | — | Feb 1996 | MDDAX vs FALGX | |
| SEI Institutional Managed Trust Tax-Managed Manage... | 8.49% | — | Dec 2007 | MDDAX vs TMMAX |
Lowest Drawdown Alternatives to MDDAX
MDDAX has a 1-year max drawdown of -6.99%. There are 118 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | -2.90% | — | Feb 2021 | MDDAX vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | MDDAX vs HFCVX | |
| Buffalo Flexible Income Fund | -4.45% | — | Aug 1994 | MDDAX vs BUFBX | |
| Torray Fund | -4.50% | — | Dec 1990 | MDDAX vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | MDDAX vs SVAIX |
Other Mutual Funds from MassMutual
The 10 most viewed MassMutual mutual funds shown here include MOGAX, MIEYX, MEFAX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MassMutual 60/40 Allocation Fund | Diversified Portfolio | — | — | — | Jun 2011 | MDDAX vs MOGAX | |
| MM S&P 500 Index Fund | S&P 500 | 59 | 10.16% | — | Feb 1998 | MDDAX vs MIEYX | |
| MassMutual Mid Cap Growth Fund | Mid Cap Growth Equities | 10 | 5.32% | — | May 2000 | MDDAX vs MEFAX | |
| MassMutual Core Bond Fund | Intermediate Core Bond | 33 | 0.26% | — | Sep 1994 | MDDAX vs MCBDX | |
| MassMutual Short Duration Bond Fund | Short-Term Bond | 88 | 0.89% | — | Sep 1994 | MDDAX vs MSTDX | |
| MassMutual Global Fund | Global Equities | 14 | 5.65% | — | Dec 2004 | MDDAX vs MGFAX | |
| MassMutual Diversified Bond Fund | Intermediate Core-Plus Bond | 88 | 2.69% | — | May 1999 | MDDAX vs MDVAX | |
| MassMutual Blue Chip Growth Fund | Large Cap Growth Equities | 7 | -1.48% | — | May 2001 | MDDAX vs MBCSX | |
| MassMutual High Yield Fund | High Yield Bonds | 81 | 2.49% | — | Sep 2000 | MDDAX vs DLHYX | |
| MassMutual Overseas Fund | Foreign Large Cap Equities | 13 | 3.39% | — | Apr 2001 | MDDAX vs MOSAX |
Often Compared With MDDAX
Investors most often compare MDDAX with VDIGX, AVERX, DLBMX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare MDDAX with Any Fund or Stock
Compare MDDAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MDDAX with funds that move differently
MassMutual Diversified Value Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MDDAX.
Explore MDDAX Diversifiers